The crypto market is experiencing a bearish phase, affecting major assets like Ethereum and Solana (SOL). Ethereum, the largest altcoin, has fallen to $3.2K, while Solana struggles with consistent downward trends, further compounded by continuous rejections.
This decline has pushed Solana below critical thresholds, leading to concerns among investors. Despite the current slump, the market looks towards a gradual recovery, with hopes of reaching new highs. However, for Solana, the consistent downward movement remains a significant challenge.
The broader market downturn highlights the volatility in the crypto space and the need for resilience among investors hoping for a turnaround.
